BALTIMORE–(BUSINESS WIRE)–ABR Capital Partners (ABR) and Somerset Properties are pleased to announce the acquisition of Scarlet Oak—a flex industrial property in Charlotte, North Carolina. The property was acquired on behalf of ABR Chesapeake Fund VI, a value-add real estate fund sponsored by ABR. CBRE’s Matt Smith represented the seller. Scarlet Oak totals 81,118 sf of […]
CANOGA PARK, Calif.–(BUSINESS WIRE)–AutoManager Holdings Group (“AutoManager”), a leading provider of software and tech-enabled services to 5,000+ dealerships in the automotive industry, has announced new executive leadership roles: Jake Morley – Chief Executive Officer. Mr. Morley brings over a decade of senior leadership experience in the auto software industry to AutoManager. He previously served as […]
Release to market a new class of motorcycles reducing consumers’ range-anxiety, offering more range and less wait-time at the charger LS218 motorcycle traveled 710 miles in one day, unmatched by current production electric motorcycles in the industry IRVINE, Calif.–(BUSINESS WIRE)–Enevate, a pioneering battery innovation company enabling extreme fast charge and high energy density battery technologies […]
Delivered $527 million of cash from operating activities in 2023 with strength in diversified businesses supporting performance in a challenging environment Fourth Quarter 2023 Highlights Net sales of $838 million in the fourth quarter, down 6% year-over-year Net loss of $2 million, or $(0.09) per diluted share, in the fourth quarter, an improvement of 86% […]
ArcBest’s innovations support customer success, transform the industry and positively impact the world by solving ever-changing logistics challenges FORT SMITH, Ark.–(BUSINESS WIRE)–ArcBest® (Nasdaq: ARCB), an integrated logistics company, today announced the next step in its first-of-its-kind Vaux suite: Vaux Smart Autonomy. The offering combines autonomous mobile robot (AMR) forklifts and reach trucks, intelligent software and […]
FY 2023: Revenue Up 17% Year Over Year; Record Profit and Record Cash from Operations FY 2023: Approx. $800 million Deployed for Debt Paydown, Common Stock Repurchase and Dividends FY 2024: Expect Revenue Growth of Approx. 7% and Improved Cash Generation PITTSBURGH–(BUSINESS WIRE)–Howmet Aerospace (NYSE:HWM): Fourth Quarter 2023 Highlights Revenue of $1.7 billion, up 14% […]
Bringing state of the art fast charging to North America, Supernova 180 UL is Wallbox’s third generation DC fast EV charger designed exclusively for North America, following the successful rollout of Supernova 60 and Supernova 150 in Europe. High Power, Small Footprint, Designed to ensure versatility and simple deployment across a range of locations to […]